Avraham Eisenberg

Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote

cryptosheadlines3 months ago01 mins

Mango Markets, the Solana-based decentralized finance (defi) platform that lost more than $110 million in 2022, is currently holding a vote on a proposed settlement with the U.S. Securities and Exchange Commission (SEC) over alleged securities violations. Should the proposal pass, it could result in a settlement involving a financial penalty and the end of…

MangoDAO’s proposed SEC settlement faces scrutiny over potential impact on investors

cryptosheadlines3 months ago03 mins

The DAO behind the Solana-based DeFi protocol, Mango Market, has overwhelmingly approved a proposal to settle a securities violation case with the US Securities and Exchange Commission (SEC). On Aug. 19, MangoDAO submitted the SEC Settlement Offer Proposal to avoid further litigation after the financial regulator accused the platform of securities violations. Under the proposal,…

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Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote

MangoDAO’s proposed SEC settlement faces scrutiny over potential impact on investors